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Question Practice

When does compulsory dissolution of a firm occur?

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MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Dissolution of Partnership Firm
Question Bank

When does compulsory dissoluti...

Single Answer MCQ
Q-00082332

When does compulsory dissolution of a firm occur?

1

When there is a disagreement among partners

2

When the business becomes illegal

3

When the firm has no profits

4

When a partner retires

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What is the meaning of dissolution of partnership firm?

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Differentiate between dissolution of partnership and dissolution of partnership firm.

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Q3.

Describe the various modes of dissolution of a partnership firm.

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Q4.

Explain the rules relating to the settlement of claims among all partners during dissolution.

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